Companies come together to provide support during crisis, with resources, tools and funding to help small businesses
GoFundMe, the world’s largest social fundraising platform, and Intuit QuickBooks, the world’s largest small business network, co-founded an initiative to help small businesses raise money to overcome the challenges caused by COVID-19. The Small Business Relief Initiative is designed to get money in the hands of small businesses struggling to pay employees and business expenses due to COVID-19.
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As the COVID-19 pandemic has affected the globe, shelter-in-place mandates have proliferated, and small businesses have had to close their doors. They are running out of cash to pay their employees and cover business expenses. The Small Business Relief Initiative brings together GoFundMe’s social fundraising platform with Intuit QuickBooks’ expertise, to provide local businesses with the resources and tools they need. As part of the initiative, GoFundMe has also launched a Small Business Relief Fund. GoFundMe and Intuit QuickBooks will be providing a direct donation to the relief fund.
Intuit QuickBooks’ EVP and GM, Alex Chriss, said, “Small businesses need relief today to manage their cash flow. By joining forces with GoFundMe, we can connect millions of small businesses and their local communities. We’re helping to give the community a platform to quickly put cash in the hands of small businesses who need it the most.”
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The Small Business Relief Initiative runs on GoFundMe’s social fundraising platform. With a few clicks, small businesses can create a GoFundMe and start raising money immediately to help them during these uncertain times. QuickBooks is also driving distribution and awareness of the initiative across its small business network and associated brand channels.
“With the COVID-19 pandemic affecting all of us, many small businesses are being forced to shut their doors,” said Tim Cadogan, GoFundMe CEO. “Our goal with the Small Business Relief Initiative is to help small businesses. By partnering with QuickBooks, we can get these tools directly in the hands of the largest small business network in the world and empower their communities to rally behind them. Local businesses provide jobs and are often the heart and soul of a community.”
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